The Balearic Islands continue to grow in popularity with investors from all over the world recognising the benefit of investing in the Mediterranean and looking for a property that suits their needs. Due to the increased interest in buying property in the Balearic Islands, prices are increasing as is the demand for the perfect property that meets all requirements.
Recent market reports suggest that, if the current market environment continues, investors can expect a growth rate of up to 6% per year on their investment for the next three years. In terms of investing in properties, any property with excellent amenities in a popular location can expect to appreciate in value in the near future. Just by looking at the prices of properties we can see that the average price is currently around €5,400 per square metre which is an increase of 8% from 2018. This increase will continue, especially in the south of the island, where property prices are higher, as more and more international investors seek for opportunities to benefit from this trend.
One essential part of investing in real estate in the Balearic Islands is that the project is carried out by a reliable developer that specialises in property on the islands. RIVA Balear are familiar with the idiosyncrasies of Spanish building laws and know how to deliver a project of the highest quality on time and within budget.
In times of permanently low interest rates, RIVA Balear offer investors a combination of profit and security that is more reliable than that of any other form of investment. This is not just an empty promise. RIVA Balear invest their own time and money into the projects that they work on and, depending on the level of investment, you can invest either as a fixed-rate loan or as a co-investor with direct investment in the sales profit from the project.
There has never been a better time to invest in the Balearic Islands and RIVA Balear are on-hand to help with all aspects of your investment from start to finish.
Contact RIVA Balear by sending an email to info@rivabalear.com or visit their website www.rivabalear.com.
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